الأثار الإقتصادية لجائحة كورونا على النمو الإقتصادي العالمي مع إشارة خاصة للعراق

The economic effects of the Corona pandemic on global economic growth, with special reference to Iraq

The health crisis, which was represented by the outbreak of the Corona virus in the world at the beginning of 2020, led to global economic repercussions, as it decreased and slowed global economic activity as a result of the health precautionary measures imposed by countries. The global economy was negatively affected, as production sectors were disrupted, unemployment rates rose, most global economic sectors incurred billions of dollars in losses, and the global economic growth rate decreased. And countries that depend on a single resource were greatly affected, such as Iraq, which depends on the revenues of crude oil exports by a large percentage. And the decline in oil prices and exported quantities during 2019 and 2020. As a result of the price war, and the crisis of the Corona pandemic, which led to a reduction in demand for energy sources, international oil prices collapsed to their lowest level. This matter greatly affected the financial revenues of Iraq as a result of its dependence on the revenues of crude oil exports and the weak contribution of other sectors in the budget. The Corona pandemic crisis in Iraq has shown the extent of the fragile economic and health situation, The health precautionary measures imposed have led to a decrease in the rate of economic growth and an increase in unemployment and poverty rates throughout Iraq, as a result of the closure of workplaces and the imposition of a curfew, which prompted the Iraqi government to provide financial assistance with the aim of helping them. Among the most prominent conclusions reached by the research is that the Corona pandemic caused a decrease in the rate of GDP in most countries of the world, an economic downturn and a decline in the global economic growth rate. Among the most prominent recommendations is not to rely on a single resource such as oil and activate the work of other sectors in order not to be exposed to external crises and shocks that endanger the economy , And the need to make advertisements through the media and educate people on how to prevent the Corona virus. The research included three chapters dealing with the first chapter, the theoretical framework for economic growth and the Corona virus. While the second chapter dealt with the economic effects of the Corona pandemic on the global economy. While the third chapter dealt with the economic effects of the Corona pandemic on the Iraqi economy.